Looks like Honda is not immune (auto, gas, prices, 2008) - Honda and Acura -Car forums - City-Data Forum

CortlandGirl79 · 11-22-2008, 09:04 PM

Honda cuts production in North America, eliminates OT through March

Honda is cutting back on North American production and eliminating overtime as the company adjusts to the shrinking U.S. auto market.

mod cut: some text removed

The Columbus Dispatch : Honda cuts production in North America, eliminates OT through March

Steve-o · 11-23-2008, 10:17 AM

I saw that coming a million miles away.... noone is immune. Noone.

CortlandGirl79 · 11-23-2008, 10:23 AM

You are very right.

Steve_TN · 11-23-2008, 10:51 AM

Some people (nobody here) seem to think the the foreign car companies are completely immune to the effects of economic downturns. No company is.

southernnaturelover · 11-23-2008, 11:00 AM

The difference is the foreign companies have more flexibility to save money in hard times. Honda can lay off workers without having to answer to a union. Whether you think that's wrong or right, it does benefit the company.

texdav · 11-23-2008, 11:12 AM

That and they have had great sales increases and were not already in trouble before the high gas prices hit.Its liike any business;it depends on if the company was already on the brink of bankrusy before the recession.